COVID-19 As Force Majeure Event In Lease Contracts

The World Health Organization (WHO) declared the outbreak of COVID-19 as a Public Health Emergency of international concern on January 30, 2020. On March 11, the WHO declared COVID-19 as a pandemic. On March 30, the Mexican Health Department declared the pandemic to be a nationwide Public Health Emergency caused by a Force Majeure. The…

Ricardo Saavedra – Of Counsel – Mexico City

Ricardo Saavedra Of Counsel – Mexico City Office :+52 (624) 146 9205 In 2006, Ricardo Saavedra became Of Counsel to Rosen Law, providing expertise in all areas of Mexican labor, social security and employment law, both in and out of court. Ricardo, based in Mexico City, has been representing domestic and multinational corporations in Mexican…

Octavio Zavala – Of Counsel – Mexico City

Octavio Zavala Of Counsel – Mexico City Office :+52 (624) 146 9205 In 2010, Octavio became Of Counsel to Rosen Law, where his practice focuses primarily on formulating litigation legal opinions and strategy and counseling Rosen Law’s distressed asset acquisition clientele on conducting due diligence and assessing and mitigating risk associated with existing and threatened…

Daniela Velazquez – Associate – Los Cabos

Daniela Velazquez Associate – Los Cabos Office:+52 (624) 146 9205 e-mail: dvelazquez@rosenlaw.com.mx Daniela is a member of the firm’s Real Estate and Dispute Resolution practice areas, where she conducts due diligence and legal research, drafts and negotiates judicial and out-of-court settlement agreements, loan and mortgage instruments, purchase and sale agreements, leases and trust agreements on…

Daisy Chavez – Associate – Los Cabos

Daisy Chavez Associate – Los Cabos Office:+52 (624) 146 9205 e-mail: dchavez@rosenlaw.com.mx Daisy is a member of the firm’s Real Estate practice area, where she coordinates closings on behalf of US and other foreign buyers of residential real estate in the area along Mexico’s coastline referred to as the Restricted Zone. Daisy drafts, processes and…

Mexican Tax Law

INTRODUCTION Mexican companies (including subsidiaries of foreign companies), as well as permanent establishments in Mexico of foreign companies are subject to: (1) federal taxation, including income tax, value added tax (VAT), and asset tax; (2) applicable foreign trade taxes, including customs processing fees, countervailing duties, if any, general import tax (import duties), and VAT; and…

Mandatory Standards and Labeling Requirements

Two of the more complicated aspects of importing products into Mexico involve compliance with mandatory standards and labeling rules.   Mandatory Standards (NOMs) Standards are official rules, technical specifications, guidelines and definitions that ensure that materials, products, processes, and services are harmonized and standardized. Mexican standardization procedures are established by the Methodology and Standardization Law,…

Right of Withdrawal from a Commercial Corporation

Tweet By: Luis Alcocer Chauvet  lalcocer@rosenlaw.com.mx   One of the fundamental rights of a shareholder is the right to withdraw from the corporation. The General Law of Commercial Corporations (the “Law”) regulates this right in Articles 15 and 220. Article 15 refers to all types of commercial companies in general, and Article 220 refers to…